OWENS

Operated by UPP OPERATING, LLC (P-5 875310) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245686District 09Field 65280200CondensateGasSaveExport
Value, all time
$15.9 M
Jul 2007 – May 2026
Value, last 12 filed months
$193 k
at the published price for each month
Months reported
227
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition53 bbl$3,958
GasProduction3,089,434 Mcf$15,911,678
Total$15,915,635

Every month this lease reported (227)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

227 months

May 202604,231106.413.05$12,887
Apr 202682,99398.932.87$9,381
Mar 2026114,03389.753.15$13,689
Feb 202603,75563.503.75$14,082
Jan 202634,33159.138.00$34,816
Dec 202544,85156.664.41$21,636
Nov 202564,23558.593.93$16,980
Oct 202573,89459.383.30$13,285
Sep 202544,49462.743.08$14,079
Aug 202504,41763.933.01$13,316
Jul 202504,43666.743.32$14,706
Jun 202534,34666.483.13$13,797
May 202504,56360.553.23$14,749
Apr 202504,51962.363.54$16,011
Mar 202503,97767.704.27$16,975
Feb 202504,35270.884.34$18,891
Jan 202505,03274.324.28$21,530
Dec 202405,00968.993.12$15,635
Nov 202404,41869.052.20$9,713
Oct 202404,43471.372.28$10,116
Sep 202404,40669.612.36$10,417
Aug 202403,88875.632.06$8,023
Jul 202404,40579.932.15$9,456
Jun 202404,00978.082.63$10,560
May 202403,79678.812.20$8,345
Apr 202404,03984.451.66$6,702
Mar 202403,95080.301.55$6,103
Feb 202403,89576.091.78$6,947
Jan 202403,95073.023.30$13,026
Dec 202305,21871.262.61$13,623
Nov 202304,79177.892.81$13,451
Oct 202304,11185.443.09$12,692
Sep 202303,04789.042.74$8,334
Aug 202304,37980.522.67$11,705
Jul 202303,99474.852.64$10,551
Jun 202304,08668.962.26$9,228
May 202303,91570.622.23$8,720
Apr 202304,63878.122.24$10,379
Mar 202305,02972.852.39$12,035
Feb 202304,25375.112.47$10,487
Jan 202304,71476.533.39$15,970
Dec 202204,99476.415.73$28,611
Nov 202205,10085.005.65$28,796
Oct 202205,53487.185.86$32,450
Sep 202205,23784.888.16$42,753
Aug 202206,18694.529.13$56,461
Jul 202205,718101.587.54$43,126
Jun 202205,239115.097.98$41,793
May 202205,865109.378.43$49,460
Apr 202205,548104.226.84$37,935
Mar 202205,932108.885.08$30,113
Feb 202205,51891.054.86$26,811
Jan 202206,32381.844.54$28,692
Dec 202106,30971.323.90$24,600
Nov 202105,62877.435.24$29,473
Oct 202106,39479.795.71$36,534
Sep 202105,56069.865.35$29,751
Aug 202105,38066.024.22$22,707
Jul 202105,45470.783.98$21,718
Jun 202105,91169.493.38$19,983
May 202106,24763.483.02$18,851
Apr 202105,32860.362.76$14,697
Mar 202105,67361.302.72$15,413
Feb 202104,40557.805.55$24,439
Jan 202106,27150.412.81$17,623
Dec 202006,19044.642.68$16,561
Nov 202005,99038.772.71$16,212
Oct 202006,47036.972.48$16,035
Sep 202005,74837.091.99$11,445
Aug 202005,49439.982.39$13,104
Jul 202005,89738.371.83$10,763
Jun 202004,85534.901.69$8,206
May 202004,93316.921.81$8,952
Apr 202004,82214.751.80$8,701
Mar 202004,74930.341.86$8,815
Feb 202003,31749.881.98$6,570
Jan 202004,95657.252.09$10,382
Dec 201905,20059.012.30$11,983
Nov 201904,81455.302.75$13,242
Oct 201905,59853.472.42$13,539
Sep 201906,28455.052.66$16,698
Aug 201906,40553.112.30$14,759
Jul 201906,45956.272.46$15,890
Jun 201906,54652.782.49$16,307
May 201907,17558.482.74$19,662
Apr 201906,53162.632.75$17,965
Mar 201907,42556.803.06$22,736
Feb 201906,91650.852.79$19,311
Jan 201908,05446.033.23$26,000
Dec 201808,11046.594.19$33,944
Nov 201807,20852.934.24$30,542
Oct 201806,38861.443.40$21,707
Sep 201806,82059.543.11$21,197
Aug 201807,85259.403.07$24,079
Jul 201807,20365.142.93$21,118
Jun 201807,85860.183.08$24,178
May 201807,79365.382.90$22,606
Apr 201806,33963.842.90$18,388
Mar 201805,45161.222.79$15,191
Feb 201806,78561.782.77$18,768
Jan 201806,63662.874.01$26,606
Dec 201708,09657.272.92$23,653
Nov 201707,89755.423.12$24,626
Oct 201708,53949.292.98$25,478
Sep 201708,66947.523.09$26,764
Aug 201708,67945.373.00$26,075
Jul 201708,63043.873.09$26,643
Jun 201708,09042.493.09$24,976
May 201708,39345.373.26$27,390
Apr 201707,24947.933.21$23,281
Mar 201708,02646.772.98$23,947
Feb 201708,76350.452.95$25,874
Jan 201709,85549.413.42$33,692
Dec 2016010,32148.763.72$38,423
Nov 2016010,15142.492.64$26,843
Oct 2016010,15046.193.09$31,366
Sep 2016010,03241.553.10$31,106
Aug 2016010,64141.442.92$31,118
Jul 2016010,86341.622.92$31,767
Jun 2016011,31545.352.69$30,390
May 2016012,06042.521.99$24,012
Apr 2016011,59036.561.99$23,076
Mar 2016012,47033.011.79$22,371
Feb 2016010,84726.472.06$22,384
Jan 2016012,01527.352.36$28,408
Dec 2015011,07532.362.00$22,166
Nov 2015010,49038.792.17$22,735
Oct 2015010,26443.552.43$24,906
Sep 201509,86942.992.76$27,223
Aug 2015010,63440.162.87$30,546
Jul 2015010,45448.152.95$30,788
Jun 2015010,03156.152.88$28,918
May 2015010,35255.212.96$30,595
Apr 2015110,53549.822.71$28,564
Mar 2015010,59842.892.93$31,102
Feb 2015110,78444.662.98$32,140
Jan 201509,71843.433.10$30,132
Dec 201409,90654.693.59$35,576
Nov 2014010,71270.464.25$45,546
Oct 201409,05178.303.90$35,308
Sep 2014112,14086.164.05$49,198
Aug 2014012,25689.394.04$49,454
Jul 2014010,77096.564.18$45,014
Jun 2014012,20298.164.74$57,799
May 2014011,47794.734.73$54,247
Apr 2014113,53495.944.81$65,183
Mar 201419,33795.895.06$47,311
Feb 201407,17797.406.19$44,440
Jan 2014111,39490.404.86$55,473
Dec 201309,05091.824.35$39,408
Nov 201308,18788.853.74$30,605
Oct 2013013,40697.423.78$50,666
Sep 2013013,495104.113.72$50,171
Aug 2013013,208104.253.52$46,527
Jul 2013010,869102.523.72$40,408
Jun 2013111,39894.403.93$44,927
May 2013014,35894.834.15$59,572
Apr 2013013,83793.964.28$59,258
Mar 2013016,94893.623.91$66,315
Feb 2013012,33791.233.42$42,191
Jan 2013014,50491.603.42$49,602
Dec 2012015,77086.773.42$53,936
Nov 2012015,02286.953.62$54,454
Oct 2012016,56189.383.40$56,302
Sep 2012013,49194.672.92$39,372
Aug 2012014,83492.662.91$43,140
Jul 2012018,14985.133.02$54,825
Jun 2012017,05079.822.52$42,950
May 2012019,09791.612.49$47,519
Apr 2012019,166101.652.00$38,271
Mar 2012017,309105.052.22$38,462
Feb 2012016,976101.102.57$43,632
Jan 2012020,15598.092.73$55,105
Dec 2011012,52996.873.24$40,591
Nov 2011015,28695.723.31$50,616
Oct 2011017,36284.983.65$63,346
Sep 2011018,21483.623.99$72,597
Aug 2011018,36783.404.15$76,211
Jul 2011018,81894.144.52$85,005
Jun 2011015,34092.904.64$71,176
May 2011019,88998.134.40$87,607
Apr 2011019,525105.964.33$84,607
Mar 2011020,33796.364.06$82,514
Feb 2011018,38385.644.18$76,841
Jan 2011021,78686.504.59$99,971
Dec 2010020,87885.734.35$90,772
Nov 2010020,90980.843.80$79,357
Oct 2010023,25978.103.51$81,613
Sep 2010022,75272.633.98$90,541
Aug 2010023,69173.684.42$104,699
Jul 2010025,19972.554.74$119,355
Jun 2010025,51670.364.91$125,294
May 2010024,14771.124.24$102,268
Apr 20100081.694.12$0
Mar 2010025,10078.394.39$110,156
Feb 2010020,13073.585.44$109,555
Jan 2010026,39674.365.96$157,428
Dec 2009024,09171.445.48$132,109
Nov 2009023,36974.593.75$87,669
Oct 2009029,35272.544.11$120,644
Sep 2009023,21565.543.06$71,148
Aug 2009028,01367.423.22$90,160
Jul 2009029,44161.133.46$101,998
Jun 2009028,88166.163.90$112,492
May 2009032,97554.743.93$129,452
Apr 2009031,02046.773.59$111,284
Mar 2009033,08842.144.06$134,304
Feb 2009028,84732.814.63$133,648
Jan 2009034,30735.865.37$184,263
Dec 2008039,53637.105.98$236,312
Nov 2008038,29755.496.86$262,731
Oct 2008043,92875.246.92$304,069
Sep 2008046,138101.767.88$363,433
Aug 2008048,019114.228.48$407,346
Jul 2008055,950131.0811.39$637,239
Jun 2008058,309131.3313.03$759,920
May 2008061,484123.1711.57$711,634
Apr 2008071,877110.3110.45$751,464
Mar 2008083,977101.909.66$811,560
Feb 2008067,85792.538.77$595,145
Jan 2008083,48490.388.21$685,047
Dec 2007030,54788.337.30$223,053
Nov 20070091.677.29$0
Oct 20070124,73482.856.92$863,406
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007035,74970.906.39$228,362

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                4,231 Mcf  × $  3.05 =    $12,887

────────────────────────────────────────────────────
Month total                                  $12,887

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/245686 is the state's own key, not one this site invented.